Are you ready to meet the challenges?
No matter where health care reform leads, most industry leaders agree that the old fee-for-service model is unviable. Based on a recent Vizient® member survey, 51 percent of hospital C-suite leaders believe the move to pay-for-performance is not only necessary, but critical to keeping a sustainable cost structure and, more importantly, delivering the best patient care. Hospitals must find new ways to leverage analytics and data to balance quality with cost, implement new care models to reduce clinical variation and optimize service line performance so patients receive the right care at the right time and the right place. Throughout the transition, three unique opportunities have emerged:
- New reimbursement models and requirements demand a renewed and relentless focus on high reliability and safety
- Advancements in technology have empowered clinicians and patients with increased access to information
- The shift to increased risk has enabled new partnerships among payers, providers and government entities, within communities and across the continuum